ENOMOTO rebounds as domestic broker raises price target
ENOMOTO CO., LTD. <6928> rebounded after SBI Securities maintained its Buy rating on the stock and raised its price target from 4,400 yen to 4,700 yen on the 2nd. Following a review of first-quarter earnings results, the brokerage raised its earnings forecast to align with company guidance. The new price target factors in a share buyback of up to 500,000 shares announced Aug. 10. The move drew buying interest.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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